OLD National Bancorp IN lessened its holdings in TJX Companies Inc (NYSE:TJX) by 3.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 211,420 shares of the apparel and home fashions retailer’s stock after selling 6,648 shares during the quarter. TJX Companies makes up approximately 0.8% of OLD National Bancorp IN’s holdings, making the stock its 29th largest position. OLD National Bancorp IN’s holdings in TJX Companies were worth $16,165,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Fort Pitt Capital Group LLC increased its holdings in TJX Companies by 0.5% in the second quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock valued at $225,000 after buying an additional 17 shares during the last quarter. FTB Advisors Inc. increased its holdings in TJX Companies by 1.6% in the second quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock valued at $159,000 after buying an additional 36 shares during the last quarter. C M Bidwell & Associates Ltd. increased its holdings in TJX Companies by 1.2% in the second quarter. C M Bidwell & Associates Ltd. now owns 4,095 shares of the apparel and home fashions retailer’s stock valued at $296,000 after buying an additional 50 shares during the last quarter. Keel Point LLC boosted its stake in TJX Companies by 4.1% in the second quarter. Keel Point LLC now owns 2,963 shares of the apparel and home fashions retailer’s stock valued at $214,000 after acquiring an additional 117 shares in the last quarter. Finally, Cypress Capital Management LLC boosted its stake in TJX Companies by 3.7% in the second quarter. Cypress Capital Management LLC now owns 3,711 shares of the apparel and home fashions retailer’s stock valued at $268,000 after acquiring an additional 134 shares in the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have issued reports on TJX. Goldman Sachs Group set a $79.00 price objective on shares of TJX Companies and gave the company a “buy” rating in a research note on Wednesday, November 15th. Nomura decreased their price objective on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, November 15th. Citigroup decreased their price objective on shares of TJX Companies from $88.00 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, November 15th. Zacks Investment Research upgraded shares of TJX Companies from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Saturday, January 20th. Finally, BMO Capital Markets set a $85.00 price objective on shares of TJX Companies and gave the company a “buy” rating in a research note on Wednesday, November 15th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $82.00.

Shares of TJX Companies Inc (NYSE TJX) opened at $75.64 on Friday. TJX Companies Inc has a 12 month low of $66.44 and a 12 month high of $81.46. The firm has a market cap of $47,827.40, a PE ratio of 20.44, a PEG ratio of 1.62 and a beta of 0.73. The company has a current ratio of 1.53, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48.

TJX Companies (NYSE:TJX) last announced its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share for the quarter, hitting the consensus estimate of $1.00. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.86 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. research analysts expect that TJX Companies Inc will post 3.93 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 annualized dividend and a dividend yield of 1.65%. TJX Companies’s dividend payout ratio (DPR) is 33.78%.

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TJX Companies Company Profile

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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